ot Greece vote no to austerity

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Originally Posted by JohnLeedsMiller

They are celebrating like they think it means yes to prosperity.

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Not so. They are celebrating because they know that if they are to be in the brown stuff, then they will be in it on their terms, not Germany's or the the EU's or the politicians in Brussels or the bankers.

This is real democracy at work. The ordinary Greek did not create the economic conditions that the country is now facing, it was the EU, the bank and the government of the day who fiddled the books to make it look as though they were fiscally sound enough to join the EU in the first place.

Now the kack has hit the fan, the guilty ones expect the ordinary working folk to pay for it. They had already raided their bank accounts and stripped their pensions a few years ago. The Greek people are argueing to take control over their own destiny, it may get worse before

Surprisingly - some good posts but Fensmiller let it down with the usual communist repost to paying your way - we don't and it's someone else's fault.
MONEY is stored up work - we would work the fields and harvest and save it to live over the winter - now we work and store the work in money to live off when we choose. The Greek people elected socialists who borrowed the money (work) of hard working people (mainly Germans) and paid too much in wages and pensions to their lazy countrymen - who then enjoyed themselves at other peoples expense - they have to pay it back with interest - but they don't want to they want to keep on spending money that's not theirs - so they vote in the marxist Tisparas party who promise to stop austerity (but guesss what it's not austerity or suffering it's just living within your means). Tisparas are trying to blackmail the people who lent them the money by way of ruining their pet project - the Euro - write off our debts or we will damage all of your econom

[quote="Galant"]Surprisingly - some good posts but Fensmiller let it down with the usual communist repost to paying your way - we don't and it's someone else's fault.
MONEY is stored up work - we would work the fields and harvest and save it to live over the winter - now we work and store the work in money to live off when we choose. The Greek people elected socialists who borrowed the money (work) of hard working people (mainly Germans) and paid too much in wages and pensions to their lazy countrymen - who then enjoyed themselves at other peoples expense - they have to pay it back with interest - but they don't want to they want to keep on spending money that's not theirs - so they vote in the marxist Tisparas party who promise to stop austerity (but guesss what it's not austerity or suffering it's just living within your means). Tisparas are trying to blackmail the people who lent them the money by way of ruining their pet project - the Euro - write off ou

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Originally Posted by Galant

Yes our debt is still growing - it has to until we balance the books - it was 170 billion per year under the Labour party - it's now below 100 billion per year and falling - we need to get it to 0 per year to stop the debt growing and then start to repay the debt - this is what happens when we have a socialist government for more than one term. It's funny how the people who say no to austerity (which is really just living within your means) also quote that the Conservatives have failed because the total debt owed is still rising. They want it both ways. Keep an eye on USA debt - it's eye watering - approaching 20 trillion - at some stage all debt has to be brought under control or you go under - Greece is going under (the 17th time in their history I believe)and we are not - but we would have if we had voted Labour at the last 2 elections - poor Greeks - lazy, feckless, untrustworthy, reckless blackmailers.

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The nations debt has doubl

You are right Michael the TOTAL debt has ballooned under the Tories. So we must be in agreement - they should not have let this happen - agreed - therefore they should have cut spending much earlier and deeper to stop it happening (you wanted more so called austerity).
ps the reason why it ballooned is that it was growing at record rates under Labour - they are now stopping an ocean liner of debt and it takes years to turn it round - get ready to squeal midweek when they do some more cutting of wasteful spending in order to stop the ballooning of debt that was set in train by labour. Oh and yes we can be debt free - we ran a surplus in the 80's and paid back debt. We can eliminate the debt and then spend the money and interest saved on a better future for all - first we must tackle the debt - must must must.

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Originally Posted by Galant

Oh and yes we can be debt free - we ran a surplus in the 80's and paid back debt.

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That isn't actually true.

The UK economy ran a budget surplus in 1989/90, but a deficit in the remainder of the 1980s (and, indeed, for the whole of the 1970s).

The UK continued to run a budget deficit until 1998/99 when the Labour government presided over a surplus that continued until 2000/01. After that, the country ran a historically typical deficit until we ran over an economic cliff following the crash of 2007.

So the socialist s are knocking the Greek socialists...not much harmony there then!

Simply put the debt is payable mainly to Germany, France and Itally, only our banks are exposed marginally, this has been forecast for months so it's not a surprise.

The implication on our negotiations will prove stronger.

Thank god we didn't take the idiot socialist self destruct route into chaos.

Cam will guide us sensible from darkness to light.

Middle England ..I thank you..:heart:

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Originally Posted by Galant

You are right Michael the TOTAL debt has ballooned under the Tories. So we must be in agreement - they should not have let this happen - agreed - therefore they should have cut spending much earlier and deeper to stop it happening (you wanted more so called austerity).
ps the reason why it ballooned is that it was growing at record rates under Labour - they are now stopping an ocean liner of debt and it takes years to turn it round - get ready to squeal midweek when they do some more cutting of wasteful spending in order to stop the ballooning of debt that was set in train by labour. Oh and yes we can be debt free - we ran a surplus in the 80's and paid back debt. We can eliminate the debt and then spend the money and interest saved on a better future for all - first we must tackle the debt - must must must.

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Galant, you are confusing debt with deficits. There will always be surpluses when the economic cycle is at its peak but all tha

[quote="Galant"]Surprisingly - some good posts but Fensmiller let it down with the usual communist repost to paying your way - we don't and it's someone else's fault.
MONEY is stored up work - we would work the fields and harvest and save it to live over the winter - now we work and store the work in money to live off when we choose. The Greek people elected socialists who borrowed the money (work) of hard working people (mainly Germans) and paid too much in wages and pensions to their lazy countrymen - who then enjoyed themselves at other peoples expense - they have to pay it back with interest - but they don't want to they want to keep on spending money that's not theirs - so they vote in the
at it's not austerity or suffering it's just living within your means). Tisparas are trying to blackmail the people who lent them the money by way of ruining their pet project - the Euro - write off our debts or we will damage all of your economies - scum. Then the G

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Originally Posted by Galant

You are right Michael the TOTAL debt has ballooned under the Tories. So we must be in agreement - they should not have let this happen - agreed - therefore they should have cut spending much earlier and deeper to stop it happening (you wanted more so called austerity).
ps the reason why it ballooned is that it was growing at record rates under Labour - they are now stopping an ocean liner of debt and it takes years to turn it round - get ready to squeal midweek when they do some more cutting of wasteful spending in order to stop the ballooning of debt that was set in train by labour. Oh and yes we can be debt free - we ran a surplus in the 80's and paid back debt. We can eliminate the debt and then spend the money and interest saved on a better future for all - first we must tackle the debt - must must must.

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What a load of rubbish. Just parroting Cameron and Osbourne. Honestly, it's as if you think they care about you...

I think oth